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Business Institutions

A collection of news and information related to Business Institutions published by this site and its partners.

Top Business Institutions Articles

Displaying items 12-22
  • Obama: New Russia sanctions will have 'an even bigger bite'

    Obama: New Russia sanctions will have 'an even bigger bite'
    President Obama announced a new round of U.S. sanctions on Russia's banking, arms and energy sectors, the latest step intended to punish Moscow for backing separatist militias in eastern Ukraine.  "Today is a reminder that the United States means what...
  • With Citigroup paying up, will feds' attention now turn to BofA?

    With Citigroup paying up, will feds' attention now turn to BofA?
    With Citigroup Inc. agreeing to pay $7 billion for issuing toxic mortgage securities, the Justice Department now turns to settling its case against what analysts call the biggest mortgage miscreant of all: Bank of America Corp. The government has...
  • Bitcoin ATM builder takes aim at traditional financial services

    In a makeshift office — a living room crowded with desks, monitors and a beanbag chair — a handful of programmers are hacking away on computers, aiming to make their mark on the multibillion-dollar financial services industry. This condo...
  • Breaking New Ground: Women At The Helm

    Breaking New Ground: Women At The Helm
    At the helm of a ship early in her career with the U.S. Coast Guard, Sandra Stosz was given an ultimatum: "You stand on the bridge like John Wayne with a six-gun in each hand barking orders and then I'll qualify you." Stosz, a 1978 graduate of the U....
  • SunTrust to pay nearly $1 billion for mortgage origination practices

    SunTrust Banks Inc, a large Southeastern regional bank, has agreed to pay $968 million to settle a U.S. federal probe into allegations of mortgage origination, servicing and foreclosure abuses, the U.S. Justice Department said on Tuesday. SunTrust,...
  • SunTrust settlement to bring $33 million to Maryland

    SunTrust settlement to bring $33 million to Maryland
    Maryland will receive $33 million from a nearly $1 billion joint state-federal settlement reached with SunTrust Mortgage Inc. over past problems with its mortgage servicing and foreclosure procedures, the Maryland Attorney General's office announced...
  • U.S. Fed Hires Former Connecticut Insurance Chief To Oversee AIG, Prudential

    U.S. Fed Hires Former Connecticut Insurance Chief To Oversee AIG, Prudential
    Insurance companies large enough that their failure could disrupt the U.S. economy will face a familiar regulator as former Connecticut Insurance Commissioner Thomas R. Sullivan starts a newly created position next week at the U.S. Federal Reserve....
  • Small banks, credit unions try to lure customers with rewards program

    Small banks, credit unions try to lure customers with rewards program
    Most checking accounts pay little or no interest, and fewer and fewer are free. But at Patapsco Bank in Dundalk, checking customers can earn about 2 percent a year in a free account or choose cash back or even iTunes rewards. And members of Money One...
  • Marylanders aren't shy about complaining

    Marylanders aren't shy about complaining
    Marylanders are big complainers. At least when it comes to the financial services they receive. Maryland ranked No. 2 in the nation in mortgage complaints per capita, second only to New Hampshire, for grievances lodged with the Consumer Financial...
  • Sun Sentinel Investigation: Tax lien sharks use shell companies to squeeze out locals

    Sun Sentinel Investigation: Tax lien sharks use shell companies to squeeze out locals
    Tax lien auctions are a little-known but juicy Florida financial market worth up to $1 billion a year. And, the Sun Sentinel has found, banks, hedge funds and other financial powerhouses have hit upon a way to game the system, squeeze out the little guy...
  • Guide: Where to find help as a consumer

    Guide: Where to find help as a consumer
    When Crunch Fitness took over the Bally's Total Fitness gym location in Newport News, Mickey Marcella, of Newport News, wanted a refund on his contract since the new owners removed the swimming pool and sauna facilities. Joseph David, of Virginia Beach,...